Cybercrime: Finance

Cabinet Office written question – answered on 19th September 2017.

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Photo of Nick Thomas-Symonds Nick Thomas-Symonds Shadow Solicitor General, Shadow Minister (Home Office) (Security)

To ask the Minister for the Cabinet Office, with reference to the National Cyber Security Strategy, if he will list spending on each project supported by the Cyber Investment Fund.

Photo of Caroline Nokes Caroline Nokes Parliamentary Under-Secretary (Cabinet Office)

The Government has allocated £10 million to establish a Cyber Innovation Fund which will support the UK’s national security requirements by providing innovative start-ups with financial and procurement support. This investment forms part of a suite of innovation initiatives within the National Cyber Security Strategy that will develop the cyber security sector and support the UK’s national security requirements in cyber. The mechanism to deliver funding is currently under evaluation in consultation with industry partners.

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